Mike Maharrey
Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.
Articles by Mike Maharrey
Are interest rates too high?A lot of people think they are, and a growing chorus of voices is calling on Federal Reserve Chairman Jerome Powell to cut rates.Are they right? Does the central bank need to step in, slash interest...
Despite the prevailing notion that the Federal Reserve has implemented “tight” monetary policy, the money supply has expanded by more than $600 billion since its low point in mid-2023.Based on the “true,” or Rothbard-Salerno, money...
Do you feel like you spend more and more money every month but get less and less for it?That’s because you are.As talking heads on mainstream financial networks point to ever-increasing retail sales (May data notwithstanding) and gush...
Even as the Federal Reserve stood pat and held interest rates steady at between 4.25 and 4.5 percent, the Swiss central bank slashed its rates to zero and indicated that negative interest rates are a possibility.The Swiss National Bank cut...
Powell & Company at the Federal Reserve sees an elevated stagflation threat. In response, they decided to do nothing.The Fed held interest rates steady between 4.25 and 4.5 percent. Rates have remained at that level since last December...
After running a surplus in April thanks to tax day, the federal government was back to business as usual in May, spending massive amounts of money and charting another big budget deficit. At $316 billion, the May budget shortfall...
Did you know the Seminole Indians refused to conduct trade using paper money?True story. When doing business with white traders, the Seminoles insisted on barter or silver coinage.Why?Because they understood the unreliability of fiat...
While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.Today, a commonly used accounting trick could be obscuring risks in the...
Consumer borrowing unexpectedly surged in April as Americans tried to get ahead of potential price increases due to tariffs. This reversed a trend of declining consumer borrowing since the beginning of the year.Total consumer debt swelled...
Silver has cracked a key resistance level, and Rich Dad Poor Dad author Robert Kiyosaki called the white metal “the biggest bargain today.”Silver was up 5.3 percent on Monday, the biggest gain in eight months. And on ...
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